JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Sees Large Volume Increase – Time to Buy?

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) saw an uptick in trading volume on Friday . 58,942 shares were traded during mid-day trading, an increase of 16% from the previous session’s volume of 51,027 shares.The stock last traded at $38.30 and had previously closed at $38.43.

JPMorgan USD Emerging Markets Sovereign Bond ETF Price Performance

The business’s 50 day moving average is $39.07 and its two-hundred day moving average is $39.42.

Institutional Trading of JPMorgan USD Emerging Markets Sovereign Bond ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC bought a new stake in JPMorgan USD Emerging Markets Sovereign Bond ETF in the 3rd quarter worth approximately $439,000. Stifel Financial Corp raised its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 90.0% during the third quarter. Stifel Financial Corp now owns 40,465 shares of the company’s stock worth $1,644,000 after acquiring an additional 19,172 shares in the last quarter. RiverFront Investment Group LLC raised its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 12.4% during the second quarter. RiverFront Investment Group LLC now owns 483,741 shares of the company’s stock worth $18,707,000 after acquiring an additional 53,272 shares in the last quarter. GAMMA Investing LLC lifted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 324.5% in the 3rd quarter. GAMMA Investing LLC now owns 4,135 shares of the company’s stock worth $168,000 after acquiring an additional 3,161 shares during the last quarter. Finally, Koshinski Asset Management Inc. boosted its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 33.0% in the 3rd quarter. Koshinski Asset Management Inc. now owns 8,333 shares of the company’s stock valued at $338,000 after purchasing an additional 2,066 shares in the last quarter.

About JPMorgan USD Emerging Markets Sovereign Bond ETF

The JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated sovereign and quasi-sovereign debt securities from emerging markets. Securities are selected and weighted based on fundamental criteria.